50 Old Orchard Road UNIT 13, Saco, ME, 04072 | 6.72% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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50 Old Orchard Road UNIT 13, Saco, ME, 04072 | 6.72% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Saco at 50 Old Orchard Road UNIT 13, Saco, ME, 04072 with 5% annual appreciation on a $499,900 basis while $2,800/mo rent supports operations. 25% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 6.72%. Five-year ROI measures 83.77% and total cumulative return in cash totals $138,816. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,800/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2024

6,534 sqft lot

$N/A/sqft

$150 monthly HOA

More details about the property

Dreaming of clean, crisp, Coastal living? Dream no more! Just released - the first of several build packages available at HERITAGE WOODS, ranging 819 - 2048 sq feet/ $499K -$725K. Featuring maintenance-free exteriors, the casual elegance, flow & ease of single-floor living/ open concept designs, & this entry level floorplan offers Green, efficient solar options for long-term energy savings, heat pump technology for sleek, quiet & versatile cooling/heating, stainless kitchen/ granite/quartz packages, garage, full, partial or full daylight basement upgrade options on select Lots & endless opportunities for customization to make it yours BUT with proximity to some of the most beloved Beaches in Southern Maine spanning Pine Point to Camp Ellis - this op - defining the very best of Maine living - is sure to sell out as fast as our last Beach getaway community, so reach out & set up an appointment to preview everything HERITAGE WOODS has to offer & take advantage of best Lot selection with several locations already built out NOTE: Models pictured are our most popular Manchester Il & just completed Rodeo models/intended to depict quality of finishes/craftsmanship. Future homes may differ in appearance based on Buyer options/choices

Neighborhood Data

Neighborhood data shown for ZIP Code: 04072, Saco, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,169 (100%)
Owner Occupied HU	6,451 (63.4%)
Renter Occupied HU	2,842 (27.9%)
Vacant Housing Units	876 ( 8.6%)
Median Home Value	$440,416
Average Home Value	$473,380

Housing Distribution

Address Breakdown

Residential

9,563

Single Family

8,876

Multi-Family

687

Businesses

678

Price History

Date	Event	Price
2024-09-01	Listed for sale	$499,900

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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1 Bath
1264 sft

1 Springtree Lane, South Berwick, ME, 03908

3 Bed
2 Bath
1672 sft

29 Harding Street, Biddeford, ME, 04005

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3 Bed
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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2024
Architectural Style: Cottage,Cape Cod
Building Area: 819
Living Area: 819 sqft
Property Condition: To Be Built

Features & Amenities

Heating: Heat Pump
Cooling: Heat Pump
Flooring: N/A
Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Primary Bedroom w/Bath
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Location

City: Saco
State: ME
Subdivision: N/A
Lot Size: 6,534 sqft
Lot Features: Level, Open Lot, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
View: Scenic

HOA & Fees

HOA Fee: $150 monthly
Association Fee: $150 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Keller Williams Realty

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1602318

Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

50 Old Orchard Road UNIT 13,Saco,ME,04072

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

50 Old Orchard Road UNIT 13SacoME04072